Listed on Madrid stock exchange Unipapel manufactures, commercializes and distributes office equipment and other supplies. Unipapel 's share has suffered a sharp fall and now is coming back on important level of support.
From a fundamental viewpoint, the company seems weak valued in terms of enterprise value. Basing on the current price, the enterprise's capitalization, reprocessed its financial position net of debt, representing approximately 0.3 times its turnover. These value match just 3.14 and 6.91 times the two next years' results. In addition, the company's earnings prospects have been revised upwards in recent months by analysts covering the enterprise.
The stock is in oversold situation and in proximity of an important level 11.8 EUR. This scenario gives credence to possible technical rebound. Thus, Unipapel's share price could meet new energy and moving towards of next resistance placed to 12.8 EUR.
The technical pattern and strong Unipapel SA 's fundamentals is a good opportunity for active investors to buy above of 11.8 EUR. The potential drop is limited and the timing seems ideal to benefit of technical rebound. The first target price is 12.8 EUR, and then to aim at 14 EUR, making up the last bearish gap. However, we shouldn't continue this strategy under 11.8 EUR.
Adveo Group International SA is a Spain-based company. The Company is engaged in the wholesale and distribution of office supplies, services and solutions. The Company's product portfolio includes Printer, Computer accessories, Conference & communication, Office and school supplies, Office machines, Writing and editing, School supplies, Office supplies, Notebooks and pads, Paper and shipping, Paper, Envelopes and shipping, Hygiene Restoration, Security, Furniture and reception products.
ADVEO GROUP INTERNATIONAL, S.A. 
